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Old 10-10-2007, 08:40 AM
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Re: Credentials

I think the CMT is a nice idea for later in your trading career, if it's needed. I'm not sure how much weight it carries with prop firms, but I could see hedge funds, i-banks, etc. putting more weight on it. It just depends what the long-term goal here is. If it's to trade prop and eventually just trade your own money, it's more of a prestige/education thing in my opinion. If the goal is to work for Goldman in their managed funds, this could be an important designation.

My best guess w/o knowing more is that you do not need this right now. Not to say you won't want or need this later, but if the goal is to trade, you need to study real-time trading sooner or later, not book theories.

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